Global Financial Crimes Compliance – International Consumer Banking – Vice President

 

Join us at JPMorgan Chase & Co. at our UK digital retail bank, Chase UK and our retail digital investment JPM Personal Investing, located in London, Bournemouth and Edinburgh. In this exciting phase of growth and expansion for Chase within the UK and into Europe, we are seeking a passionate GFCC LOB Vice President to join this global team. 

As a Vice president with GFCC LOB team, you will support the business in designing and maintaining effective measures to prevent financial crime.

 

GFCC is looking for a talented individual to join our GFCC LOB team. The team is responsible for supporting the business on regulatory requirements and changes to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) laws affecting UK and EEA locations, assisting in the evaluation of new business initiatives and the associated risks and impacts, and providing advice to the business and its operations regarding internal policies and regulatory matters.

 

Job responsibilities: 

• Provide day-to-day GFCC services to the business.
• Assist in the creation and maintenance of policies and procedures relevant to the International Consumer Business that are reasonably designed to comply with industry regulations, internal requirements and best practices across the industry (e.g. Enhanced Due Diligence Reviews, Periodic Reviews, PEP assessments, Negative Media etc).
• Review of customer escalations involving AML events, negative news, sanctions and/or higher risk clients, where applicable.
• Assist in the evaluation of new business initiatives and risk assess any such initiatives including regulatory impact and ensure compliance with internal requirements;
• Provide support to the business and its operations regarding internal policies and regulatory matters;
• Collaborate with various teams in gathering information and reviewing responses for regulatory examinations/ responses, internal audits, compliance tests and regulatory investigations and enquiries.
• Assess 1LoD financial crime related management information and identify and escalate AML/KYC and/or control issues.
• Perform and/or assist with compliance monitoring of certain financial crime areas of focus, where applicable.
• Support submissions to relevant local, regional or global Committees, including relevant management information.
• Assist in providing relevant training to staff as necessary.

 

Required qualifications, capabilities, and skills 

• Strong knowledge of the UK, regulatory financial crime requirements

• Digital banking or retail banking experience 

• Degree level education (or equivalent) or direct relevant work experience

• Experience in assessing risk and making sound decisions in relation to ML/TF, with ability to escalate when appropriate.

• Strong analytical, organisational, time management, and planning skills.

• Ability to make decisions, multi-task and prioritise tasks in a fast-paced environment.

• Strong interpersonal and communication skills necessary to work effectively with people at all levels in the organization.

• Strong written and verbal communication skills, including proficiency in concisely summarising complex topics

 

Preferred qualifications, capabilities and skills 

• EU regulatory financial crime knowledge is an added bonus
• Self-starter with strong presentation and organisational skills with ability to work independently under pressure and to tight deadlines yet escalate matters as appropriate.